This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the concept of the business judgment rule. What will be an ideal ... (Read 335 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
on: Aug 3, 2018
Explain the concept of the business judgment rule.
 
  What will be an ideal response?

Question 2

In the federal court system, which court is the court of last resort?
 
  A) US District Court
  B) US Court of Federal Claims
  C) US Court of Appeals
  D) US Supreme Court


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Aug 3, 2018
Answer to Question 1

A director is not liable for loss if he or she adheres to the fiduciary standard of using the
judgment of the ordinarily prudent businessperson.

Answer to Question 2

D


hubes95

  • Member
  • Posts: 561
Reply 2 on: Aug 3, 2018
Excellent

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Concept map Concept map
Concept map Concept map
Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition
Trapezoidal rule (approximation with four rectangles) Trapezoidal rule (approximation with four rectangles)
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Business question Business question
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library